Diddy reportedly invested in Elon Musk’s acquisition of Twitter, now known as X.
Didi invests in Elon Musk’s X
Didi’s name appears in newly released documents as an early investor in Elon Musk’s acquisition of X (formerly Twitter), The Washington Post reported on Thursday (August 22). The documents list roughly 100 co-owners of the social media site, including Sean Combs Capital LLC, along with Twitter founder Jack Dorsey, Saudi Arabia’s Prince Waleed bin Talal, and other notable figures.
The seal on the public investors’ case was lifted following a ruling by U.S. District Judge Susan Illston on Tuesday (August 20). The ruling was on a complaint brought by an independent journalist named Jacob Silverman. Judge Illston’s ruling, obtained by XXL, came after X’s public shareholders’ case was sealed in the U.S. District Court for the Northern California District. The seal came after a former Twitter employee filed a civil lawsuit alleging that Musk violated an arbitration agreement by withholding certain compensation in his acquisition.
XXL has reached out to Diddy’s team and X for further comment.
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Elon Musk is doing business with other rappers
Diddy isn’t the first rapper Elon has been rumored to be doing business with. In March, Ice Cube was heavily criticized after announcing that the seventh season of his popular 3-on-3 professional basketball league, The Big 3, would be streaming on X. In June, Timbaland and Swizz Beatz also landed new Verzuz deals on X. The pair announced the deal at the Cannes Lions conference in France, thanking Elon and expressing their excitement at growing their audience with X’s help.
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